Updates on Hotels Restaurants and Leisure Equities -- Research on Melco Crown Entertainment, Wynn Resorts, Pinnacle Entertainment, and Boyd Gaming

LONDON, June 6, 2014 /PRNewswire/ --

The US markets on Thursday, June 5, 2014 ended on a positive note as the Dow Jones Industrial Average finished at 16,836.11, up 0.59% and the NASDAQ Composite closed at 4,296.23, up 1.05%. The S&P 500 finished the session 0.65% higher at 1,940.46. During the trading session, all the ten sectors finished on a higher note. The S&P 500 Consumer Discretionary Sector Index ended the day at 526.43, up 0.68%, with the index advancing 3.28% in the last one month. Investor-Edge has initiated coverage on the following equities: Melco Crown Entertainment Ltd (NASDAQ: MPEL), Wynn Resorts Ltd (NASDAQ: WYNN), Pinnacle Entertainment Inc. (NYSE: PNK) and Boyd Gaming Corp. (NYSE: BYD). Free technical research on MPEL, WYNN, PNK and BYD can be downloaded upon signing up at:

http://www.investor-edge.com/3523-register

Shares in Melco Crown Entertainment Ltd finished the Thursday's session 1.03% lower at $33.47. A total of 2.12 million shares were traded, which was below its three months average volume of 4.09 million shares. The stock vacillated between $33.22 and $34.00 during the session. Over the last one month and over the previous three months, Melco Crown Entertainment Ltd's shares have lost 6.87% and 25.26%, respectively. Additionally, from the beginning of 2014, the company's stock has fallen by 13.94%. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $36.03 is greater than its 50-day moving average of $35.27. Shares of Melco Crown Entertainment Ltd traded at a PE ratio of 26.19 and have a Relative Strength Index (RSI) of 47.25. Sign up today to read free research on MPEL at:

http://www.investor-edge.com/3523-MPEL-06Jun2014.pdf

On Thursday, shares in Wynn Resorts Ltd fluctuated between $205.59 and $211.99 before ending the session 2.07% lower at $205.85. The stock reported a trading volume of 1.34 million shares, below its three months average volume of 1.96 million shares. Shares of the company traded at a PE ratio of 26.23. Wynn Resorts Ltd's shares have fallen by 5.58% in the previous three trading sessions and 4.98% in the last one month, while the stock has advanced 5.99% on YTD basis. The stock is trading above its 200-day moving average of $190.06, while the 200-day moving average is below its 50-day moving average of $210.25. Moreover, shares of Wynn Resorts Ltd have an RSI of 50.16. Sign up today to read free research on WYNN at:

http://www.investor-edge.com/3523-WYNN-06Jun2014.pdf

On Thursday, Pinnacle Entertainment Inc.'s stock gained 1.23%, to close the day at $24.77. The stock recorded a trading volume of 0.98 million shares, below its three months average volume of 1.06 million shares. The stock oscillated between $24.33 and $24.91 during the session. Over the last three trading sessions and over the past one month, Pinnacle Entertainment Inc.'s shares have advanced 0.81% and 8.78%, respectively. However, the stock has lost 4.69% since the start of this year. The stock is trading above its 50-day and 200-day moving averages of $23.18 and $23.82, respectively. Additionally, shares in Pinnacle Entertainment Inc. traded at a PE ratio of 38.70 and have an RSI of 59.04. Sign up today to read free research on PNK at:

http://www.investor-edge.com/3523-PNK-06Jun2014.pdf

On Thursday, shares in Boyd Gaming Corp. recorded a trading volume of 1.68 million shares, lower than its three months average volume of 2.75 million shares. The stock ended the day at $11.05, which was 0.73% above its previous day's closing of $10.97, and registered an intraday range of $10.77 and $11.11. Although Boyd Gaming Corp.'s stock has advanced 0.82% in the previous three trading sessions, it has fallen by 2.81% in the last one month and 1.87% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages of $11.67 and $11.82, respectively. Furthermore, shares of Boyd Gaming Corp. have an RSI of 47.20. Sign up today to read free research on BYD at:

http://www.investor-edge.com/3523-BYD-06Jun2014.pdf


===============
EDITOR'S NOTES:
===============

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.investor-edge.com.

5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.investor-edge.com.

6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.investor-edge.com for consideration.

COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-Edge, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Investor-Edge in this article or report according to the procedures outlined by Investor-Edge. Investor-Edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE
Investor-Edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED
Investor-Edge is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Investor-Edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-Edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-Edge does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

Investor-Edge.com

SOURCE Investor-Edge

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED